Sei Investments Co. Increases Holdings in Cross Country Healthcare, Inc. (NASDAQ:CCRN)

Sei Investments Co. increased its stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 7.3% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 143,380 shares of the business services provider’s stock after buying an additional 9,816 shares during the quarter. Sei Investments Co. owned 0.44% of Cross Country Healthcare worth $2,604,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Plato Investment Management Ltd bought a new stake in Cross Country Healthcare in the fourth quarter worth about $46,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Cross Country Healthcare during the 3rd quarter worth approximately $49,000. Point72 DIFC Ltd bought a new stake in shares of Cross Country Healthcare in the 3rd quarter worth approximately $52,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Cross Country Healthcare by 14.0% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,169 shares of the business services provider’s stock valued at $137,000 after purchasing an additional 1,250 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in Cross Country Healthcare during the third quarter valued at $153,000. Institutional investors own 96.03% of the company’s stock.

Cross Country Healthcare Price Performance

NASDAQ:CCRN opened at $14.51 on Friday. The company has a market cap of $476.12 million, a P/E ratio of -290.14, a P/E/G ratio of 3.32 and a beta of 0.44. Cross Country Healthcare, Inc. has a 1 year low of $9.58 and a 1 year high of $18.50. The stock’s fifty day moving average price is $16.70 and its two-hundred day moving average price is $15.24.

Wall Street Analyst Weigh In

CCRN has been the topic of several research reports. Barrington Research restated a “market perform” rating and issued a $18.61 target price on shares of Cross Country Healthcare in a research note on Friday, March 14th. JMP Securities restated a “market perform” rating on shares of Cross Country Healthcare in a research note on Thursday, February 6th. Finally, StockNews.com started coverage on shares of Cross Country Healthcare in a report on Saturday. They set a “hold” rating on the stock. Six investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, Cross Country Healthcare has an average rating of “Hold” and a consensus target price of $18.41.

About Cross Country Healthcare

Cross Country Healthcare, Inc provides talent management and other consultative services for healthcare clients in the United States. The company’s Nurse and Allied Staffing segment provides traditional staffing, recruiting, and value-added total talent solutions, including temporary and permanent placement of travel and local nurse and, allied professionals; temporary placement of healthcare leaders within nursing, allied, physician, and human resources; vendor neutral and managed services programs; education healthcare services; in-home care services; and outsourcing services.